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Malbex Resources Inc. Proceeds With Name Change to COIN HODL INC.

TORONTO, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Malbex Resources Inc. (the "Company") (TSX-V:MBG) is pleased to announce that it has proceeded with its name change from Malbex Resources Inc. to COIN HODL INC.

The Company has received TSX Venture Exchange approval to its proposed name change. Effective September 10, 2018, the Company's common shares will commence trading under the new name, COIN HODL INC. The new CUSIP number is 19258M100 and the new ISIN number is CA19258M1005. There is no consolidation of share capital. Shareholders are not required to exchange their existing share certificates for new certificates bearing the new company name and Company shares held electronically will be booked automatically. The name change does not affect the rights of the Company's shareholders, and no further action is required by existing shareholders with respect to the name change.

Effective Date: September 10 2018
Trading Symbol: COIN (No Change)
New CUSIP: 19258M100
New ISIN: CA19258M1005

Please visit the Company's new website at https://www.coinhodlinc.com/. The site includes information about the Company's investment strategy, its management team and its regulatory filings. The website also reflects the Company's recent change of business and name change.

CONTACT INFORMATION

Ben Cubitt
CEO
(416) 479-5407
[email protected] 

DISCLAIMER & READER ADVISORY

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release.

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties' current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to name change, including obtaining necessary regulatory approvals. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the parties. The forward looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

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